Sunday, July 26, 2009

15 Books - Part 5 of 5

  • The Waste Land and Other Poems - T.S. Eliot



  • Where the Sidewalk Ends - Shel Silverstein



  • Winnie-the-Pooh collection - A. A. Milne



  • The Waste Land and Other Poems- T.S. Eliot

    I think I was introduced to T.S. Eliot in high school, sophomore year English. There was a lot of great stuff the legendary Eric Burgess taught in that course, but I'm not completely certain this was one of them. I might've read it on my own. Or I might have the provenance wrong - maybe I read it junior or senior year. But in any case, "The Love Song of J. Alfred Prufrock"* made enough of an impression on me that I went out and bought the anthology The Waste Land and Other Poems.

    15 Books - Part 4 of 5

  • Partners in Command: George Marshall and Dwight Eisenhower in War and Peace - Mark Perry



  • The Picture of Dorian Gray - Oscar Wilde



  • Remains of the Day - Kazuo Ishiguro



  • Partners in Command: George Marshall and Dwight Eisenhower in War and Peace


    Updated 08/03/2009: I'm adding to this section, because this book is far more impressive and personally important than my previous post indicated.

    I love history, especially a history that managed to capture the extent to which systemic events and circumstances were influenced by individuals. I think it helps me bridge the gap between my theoretical third image view of the world (admittedly imperfect and incomplete, yet I am still emotionally attached to what I've got) and how things actually get done in a world of individuals of competing motivations, egos, and quirks. This book captured both history and biography of two impressive Americans. I also appreciate how the men we admire and revere were imperfect, came from middling backgrounds, and yet transcended, or more accurately, transformed, their history into our history. They did this through a combination of choices, training, ambition, ethics, and especially partnership.

    15 Books - Part 3 of 5

  • Hamlet - William Shakespeare



  • The Holy Bible



  • Influence: The Psychology of Persuasion - Robert Cialdini




  • Hamlet - William Shakespeare

    There's a "joke" that goes something like this.

    A group of (tenured) English professors was sitting around, drinking (of course), and hit upon a game. Each of them would call out a significant book of English literature they'd never read, and try to outdo each other. One calls out "Huckleberry Finn!", which gets some chuckles and smattered applause. (See Death of a Salesman entry. One calls out "Mansfield Park!" which gets some oohs and even more applause. They continue, until finally someone shouts "Hamlet!". There is stunned silence. The very next day, the professor finds he is fired.

    15 Books - Part 2 of 5

  • Death of A Salesman - Arthur Miller



  • The Dynamic Universe: An Introduction to Astronomy - Second Edition - Theodore P. Snow



  • Ender's Game - Orson Scott Card



  • The Dynamic Universe: An Introduction to Astronomy - Second Edition - Theodore P. Snow

    I received my copy from Pat Uyemura, my Sunday School teacher at Montebello Plymouth Congregational Church. Those of you who wonder at my ability to reconcile communities of religion and science need only look to this event, and the associated encouragement, for the beginning of an answer. I admired "Mr. Pat" tremendously. He was, and is, a very bright, creative individual who always had a ready smile and a great way of making kids feel like you want to be smarter, more knowledgeable, and better behaved. (Mr. Pat may contend he had the opposite effect on the last point, but he need only check notes with my mom to reveal he actually did see us at our best behaved.)

    15 Books - Part 1 of 5

  • The 48 Laws of Power - Robert Greene



  • The American Pageant: A History of the Republic - Thomas Bailey



  • The Captain's Verses - Pablo Neruda




  • The 48 Laws of Power - Robert Greene and Joost Elferrs

    I like this book, and not because I agree with its lessons. It takes a bit of a darker view in human nature than I find convenient -- maybe even darker than is accurate.

    15 Books - Intro

    15 Books

    I decided to modify this to include part of the reasons why it made my top 15. It took a lot longer to write, but it was a helpful exercise. I've listed the 15 - subsequent posts will explain my reasoning, for those interested in the why as well as the what.

    Note that these aren't the 15 best books I've read - I was actually a little torn how some of my favorite books didn't make the list, and how some less favored were no-brainer inclusions. These are the 15 books that have most shaped my life. They are in alphabetical order, largely because it's difficult to compare impact of one type with another.

    A Tale of Two Texas (because there is no plural form for a singular state)




    A question for Texans - how have your opinions on both legal and illegal immigration from Latin America changed over the last few years?

    In the last week, I've heard/read two different reports of the perspective of Texans on immigration (specifically, Mexican/Latin American immigration). One comes from a July 9 Economist podcast. (Note: I have linked the story, not the podcast; the podcast interview mentions this fact, while the article does not.)
    While largely focused on the economic, political, and structural factors that allowed Texas to better weather the recession than other sunbelt states (notably, California), I was particularly drawn to the point that Texans actually have a more favorable view of (legal) Latin American immigrants than the vast majority of the country.

    The second comes from a NYTimes article on the strong shift in sentiment concerning illegal Latin American immigrants, especially in the wake of the 2006 murder of a Houston police officer by a previously deported felon, and the near-death of another officer in March at the hands of another illegal immigrant with a criminal history.

    What both articles do not provide is a sense of how average Texans view immigrants, both legal and illegal, and the impact that a recession has had on both.* Historically, communities, Texan or otherwise, have looked with hostility toward immigrants during times of economic duress. California, for example, had armed vigilantes at its Eastern border to keep "Okies" and other internally displaced persons during the Great Depression.

    So, Texans, time to speak up. Has there been a change? How have your opinions, and the opinions of your community, on both legal and illegal immigration from Latin America changed over the last few years?

    *I hope to search for, and find, some longitudinal data on this, broken down by state. Will try Pew and a few other organizations - recommendations greatly appreciated. Naturally, I will update this post when I find them.

    Sunday, July 12, 2009

    ETF spreadsheet updated for week of Jul 13-17

    Update 15 Jul 2009, 18:17 - Updated with values from today's trading; should be ready to go for Thursday. (link) Sorry it took a while. Note: simple moving average and Bollinger band data NOT updated. Given the size and scope of the rally, I may update these at some point tomorrow - old Bollinger data is unacceptable when an ETF begins riding it up/down.

    Update 15 Jul 2009, 11:25 - Updated with values from yesterday's trading. Sorry it took a while. Note: simple moving average and Bollinger band data NOT updated, but should be acceptable for the rest of this week.

    Update 13 Jul 2009, 19:22 - Updated with values from today's trading. Note: simple moving average and Bollinger band data NOT updated, but should be acceptable for the rest of this week.

    I've updated my custom ETF spreadsheet that covers a ton of sectors, asset classes, and related Proshares/Direxion leveraged and inverse ETFs, where available.

    Refer to my earlier post for instructions on how to read/interpret the spreadsheet. Do let me know if you note any errors, or would like to see changes.


    NOTE: The pivot-based levels are calculated based on the previous trading day's range, and might be effective only for the next trading day (Monday). I'm considering experimenting with weekly pivots, which might be more useful than the daily pivot levels. I need to consider whether I will be updating this spreadsheet daily or weekly. If you know of ways to automate the download of some of these values (trading ranges, 20, 50, 200 day SMAs, and Bollinger Bands), please contact me ASAP!


    Thanks!

    Ryan

    Follow-up analysis to HuffPo article on policy coordination

    Follow-up analysis to David Bromwich: A Line in the Sand is Occasionally Useful

    I just came across a short article at HuffPo about how Obama has publicly corrected statements made by Biden and Emmanuel regarding Israel and a public health care option, respectively. Bromwich should be praised for catching these easily-overlooked events, but I feel he takes the wrong message from each of these. I infer the following: either (1) Obama is using an internal system of advisement similar to that used by other leaders - particularly Elizabeth I and Louis XIV, whereby his silence and ambiguity on suggested ideas is a valuable tactic, or (2) the Administration is using Biden, Emmanuel, and others to float trial policies, to be reversed or modified based on the response.

    Saturday, July 11, 2009

    Interesting arb. opp. for cash advance/float

    I occasionally peruse the Fatwallet.com Finance forum and have stumbled across some interesting ideas. In addition to providing me about $1,000 in "free cash" over the last year by highlighting sign-up bonuses for checking accounts, it provides some interesting and clever ways of making successful use of unintended consequences.

    One I have taken advantage of is the US Mint $1 Presidential Coin Direct Shipment program.

    Sunday, July 5, 2009

    ETF spreadsheet updated for week of July 6-10

    I've updated my custom ETF spreadsheet that covers a ton of sectors, asset classes, and related Proshares/Direxion leveraged and inverse ETFs, where available.

    Refer to my earlier post for instructions on how to read/interpret the spreadsheet. Do let me know if you note any errors, or would like to see changes.

    Thanks!

    Ryan

    What happened to the Wall Street Journal's writing?

    I'm catching up on news after a wonderful 4th of July. Evidently North Korea did launch several short-range missiles into the Sea of Japan yesterday.



    As distressing as this development is, I found myself even more distressed by some not-so-nuanced reporting in the Wall Street Journal on this story. In particular, this passage bothered me:


    North Korea's leaders are able to push forward their weapons program because they show little regard for the impact of weapons-related economic penalties on the country's people. Moreover, they have South Korea and Japan pinned down militarily by hundreds of missiles and artillery rockets and they have China fearful that their ouster and resulting instability would send many North Koreans into northeastern Chinese provinces. (emphasis added)